Foxconn announces $1 million “Smart City, Smart Future” competition; partners with Wisconsin universities and technical colleges on statewide initiative
Wednesday, June 27, 2018
New initiative will encourage innovative ideas from students and faculty for smart connected cities and systems to better serve Wisconsin
Kenosha, WI – Foxconn Technology Group (Foxconn) today announced a “Smart City, Smart Future” initiative in which the company will partner with higher education institutions statewide to seek out the best new ideas for the development of smart connected cities and systems throughout Wisconsin. Foxconn is committing $1 million over the next three years to this initiative, with the goal of tapping talent at public and private universities and colleges.
To be formally launched in the fall, the “Smart City, Smart Future” initiative will include a competition, which will offer winners and award recipients prizes, financial awards, and technical support, in addition to a platform to attract investments to support them in bringing their ideas to life. The competition will look for innovative ways and harness technology to enhance quality of life and working environments, inspire attractive streetscapes, transportation networks and living spaces, and promote sustainable economic and demographic growth. More details will be announced during a Smart Futures Summit at University of Wisconsin-Parkside on August 7th.